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Economy

‘Post-it’ maker 3M India’s Q2 profit jumps on steady demand

BENGALURU (Reuters) - 'Post-it' notes maker 3M India reported a near 38% jump in its second-quarter profit on Friday, helped by sustained demand for its products. Consolidated profit after tax came in

Oil set for third weekly decline as demand worries weigh

By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose on Friday but are set to fall for a third week amid signs of slowing demand and as market attention turns to a key meeting of OPEC and its allies

Gold retreats on Powell’s hawkish cues, palladium slides further

By Harshit Verma (Reuters) -Gold fell on Friday and was bound for a second straight weekly drop on cooling safe-haven demand and hawkish cues from Federal Reserve Chair Powell. Autocatalyst palladium,

Gross direct tax collections rise about 18 per cent this fiscal

New Delhi , November 10 (ANI): A total of Rs 11.07 lakh crore (gross) worth of direct taxes have been collected so far in...

Sensex, Nifty rebound on fag-end buying; power, utility shares advance

Mumbai, Nov 10 (PTI) Equity benchmark indices Sensex and Nifty rebounded on Friday to close with marginal gains due to fag-end buying in power,...

Govt’s 1% TDS on crypto transactions led to Rs 3,500 revenue loss, finds think tank

Tax imposed last year led millions of users to shift to offshore platforms for their cryptocurrency transactions, says report by Esya Centre.

Tea auctioneers form body to safeguard trade interests

Kolkata, Nov 10 (PTI) Tea auctioneers from the northern and southern parts of the country Friday said that they have come together to...

Dabur’s Burman family seeks probe in sale of share by Religare Chairperson, Religare denies charges

New Delhi, Nov 10 (PTI) Burman family -- the promoters of Dabur -- has filed a complaint with regulatory authorities seeking a probe...

World stocks slip as Fed’s Powell quells rate peak bets

By Nell Mackenzie and Ankur Banerjee LONDON/SINGAPORE (Reuters) -World stocks slipped, with European shares retreating from three-week highs on Friday, while the dollar was steady as hawkish comments

Singapore’s CapitaLand India Trust secures $155 million loan for data center in India

(Reuters) -Singapore's CapitaLand India Trust (CLINT) on Friday said it has secured a five-year construction loan of 13 billion rupees ($155.9 million) to finance the development of its data center in

On Camera

Lower oil prices lead to 4x profits for oil firms, bonanza for govt, but no relief for aam aadmi

Petrol & diesel prices have barely changed since June 2022, even though oil prices have fallen 28% since then. This has boosted profitability of OMCs and dividend payouts to govt.

‘Joint culture needed first’ — CDS Gen Chauhan outlines first steps on the road to theaterisation

ThePrint had reported earlier this month that while theaterisation is the ultimate goal, set to be rolled out one year from now, the focus is on structured jointness initiatives by 2024-end.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?